Thursday, 18 May 2017

What Is A Project Charter And Why Is It So Important?

One of the most important tools of Six Sigma tricks that can
help solve problems is the Project Charter, which is an official written
document that describes what the project is about, and outlines all the
details. In fact, it is the first step of a Lean Six Sigma project that takes
place in the Define phase of DMAIC. However, it can be regularly reviewed and
revised throughout the project. TQMI is who you can approach to achieve the
most professional training and authorized LeanSix Sigma Certification in India, which includes a course of diagnosis that
also coaches about the Project Charter for a couple of high priority projects.

A Project Charter basically comprises of elements like
business case, problem statement, goal statement, scope statement, timeline,
and team members. It is the Charter that can make or break a project. With the
necessary resources and boundaries, it can turn the project into a complete
success. While, on the other hand, it can also reduce team focus, motivation,
and effectiveness; thus breaking the success of the project. If you are looking
for a successful Project Charter, here are the areas you need to include and
focus upon.

Project title

This may not sound useful to you, but it is advisable to
name a project with a descriptive title to allow others to quickly view and
select your project based on the keywords and phrases.

Start date

This is the date the project began, or that on which the
project leader formally started working on the project.

Anticipated end date

This is the date on which the project is likely to end,
which is decided upon by the mentor or leader. The duration between the start
and end date will provide the leader and team to manage the project completion
based upon the business conditions, work-load, holiday schedules, etc.

Project timeframe

You need to be specific about the timeframe of the project,
and along with that also mention the major milestones between that timeframe.

Project importance

It is very important to understand and make all those
involved in the project to understand the process that you are improving upon
and the importance of spending time on that improvement, so that better results
are achieved.

Goal statement

What is the goal of your project? What results are you
expecting by the end of the project completion? How much improvement are you
targeting? All these answers need to be jotted down in the goal statement. You
need to set challenging yet realistic goals. Also, your goals should be specific,
measurable, and time bound.

Measurables

How you will measure the effectiveness of the project is of
prime importance. Specify all the elements that you may be using to measure,
but make sure that they are within the scope of your project.

Team members

This is one of the most important areas of focus that lists
out all the roles and the people who will be filling all the roles. The main
roles may include project sponsor, project leader, subject matter experts,
stakeholders, and team members.